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Supply Chain
Intel mulls new chip plant amid concern over Asian supplies
NEW YORK — Intel is talking to the Trump administration about building a new semiconductor plant in the United States amid concern…
Spin Master reports losses on supply chain issues
TORONTO — Spin Master Corp. says it had a net loss of US$26.7 million in the first quarter as it struggled with supply chain…
Montreal Port Authority, CargoM get funding for rapid distribution of essential cargo tool
MONTREAL — Scale AI, the artificial intelligence (AI) Canadian supercluster, has received over 120 projects in three weeks after…
CP Rail moves 2.8 million tonnes of grain in April
CALGARY — Canadian Pacific Railway says it moved the most grain last month in the company's 139-year history.
The…
Trade deficit grew to $1.4 billion in March
OTTAWA — Statistics Canada says the country's trade deficit grew to $1.4 billion in March as both exports and imports fell due to…
Feds create COVID-19 supply council
GATINEAU, QC — The federal government has created a COVID-19 supply council tasked with advising Ottawa on the procurement of…
Solo truckers struggle to get rolling with stimulus fund
WASHINGTON — Rodney Morine believes his second chance is no better than his first to secure a loan through a government program…
Amazon profit falls as pandemic related costs rise
NEW YORK — Amazon's profit fell 29 per cent in the first quarter as its costs for shipping millions of packages to home-bound…
China’s manufacturing weaker in April as virus hurts exports
BEIJING — China's manufacturing activity weakened in April as the coronavirus pandemic clobbered global consumer demand, hampering…
Freight traffic rises while airports hammered by COVID struggle
TORONTO — Clobbered by anti-pandemic measures that have stifled travel and grounded much of the world's commercial aviation,…
BluJay, Uber Freight form partnership
HOLLAND, Mich. & CHICAGO — Supply chain software and service provider BluJay Solutions and Uber Freight have partnered to…
Caterpillar profit tumbles with world economy on lockdown
DEERFIELD, Ill. — Caterpillar's profits are down 46 per cent with much of the global economy seized by the spread of the…